The case continues. It even can be moved and handled by the BK court, but that is uncommon.
The possible amount you can collect is an asset to report on your filing.
if you filed chapter 13 and it was discharged in 2005 can you file chapter 7 in 2009
First consult a lawyer for which bankruptcy chapter you qualify for and let him/her assist you with the bankruptcy procedures as bankruptcy procedures are not the same in every case. Chapter 7 and Chapter 13 bankruptcies are the most common. For more information, visit these websites: http://howtodeclarebankruptcy.net/ and filepersonalbankruptcy.org/how-to-declare-bankruptcy/.
Anyone can file for bankruptcy as long as they have debt that they cannot payoff. They may not be eligible for a Chapter 7 in the average income in their area is less than 80,000/yr however.
By law, a person (or couple) can only declare bankruptcy every seven years. If you go through with a Chapter 7 bankrupcy, it will take 7 years for it to rotate off of your credit history.
No. You do not "declare bankruptcy" ON anything. You declare bankruptcy when you cannot pay your bills as they come due. You must list all your assets and all your debts. What happens after that depends on which title you are filing under, chapter 7, 11, 12 or 13.
Yes.
It depends on the chapter you filed under. If you filed under Chapter 7, you have to wait 8 years before filing again. If you filed under Chapter 13, you only have to wait four years.
no
Chapter 7 of the bible will always be chapter 7.
In Chapter 7 of "The Great Gatsby," Gatsby wants Daisy to tell Tom Buchanan that she never loved him and that she is leaving him for Gatsby. Gatsby wants Daisy to openly declare her love for him and acknowledge their past together, hoping to solidify their relationship.
I am hoping someone has an answer to this
It depends on whether or not you qualify for Chapter 7 or Chapter 13. For Chapter 13, you will slowly have to pay your creditors back over time. For Chapter 7, you have to assign a value to everything that you own. The creditors will then determine whether or not these items will be included in the bankruptcy in a hearing.